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Mortgage Mario

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pre qual vs pre approval

What is the difference between mortgage pre-qualification and pre-approval?

VIdeo transcript Hello ladies and gentlemen! This is Mortgage Loan officer Mario Cardenas with Affinity Home lending in Marietta Georgia reporting live with your mortgage topic of the day. I hope everyone is crushing their week! Today I want to briefly discuss the difference between a mortgage purchase pre qualification and a pre approval.  So …

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mortgage interest rate vs annual percentage rate

Mortgage interest rate vs annual percentage rate

Video transcript Reporting live! This is Mortgage Loan Officer Mario Cardenas. I hope everyone is having a wonderful day! The mortgage topic of the day is interest rate vs Annual Percentage Rate or APR for short. When you’re refinancing or taking out a mortgage, keep in mind that an advertised interest rate isn’t the same as your …

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